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in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama was running for presidency. that is when i was interested in politics. i began setting it and realized i disagreed a lot with what he was saying. that is when i started paying attention to it. >> what you're are you in school right now? >> i'm currently a junior. -- what year are you in in school or not? >> i am currently a junior. >> what about after college? >> i am not entirely sure right now. >> where will you be watching? >> i will probably be with the rest of my fellow classmates. >> what will you be looking for? >> iowa looking to see how each candidate differs
in addition, we are very focused on the debt and the deficit. the spending of the government is out of control. it needs to be fixed. if we keep spending, it is not sustainable. it is not fair to other generations. >> how long have you been a republican? the republican party today has a lot of diversity within it in terms of opinions of a social and economic issues. which one is the most important you about being a republican? >> i would say i became a republican when senator obama...
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Oct 2, 2012
10/12
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of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to say, look, i'm happy to see -- your running mate said he didn't have enough time on sunday. that's too bad. that's terrible, in fact. i'm willing to cede, governor romney -- >> could jim lehrer get away with simply saying, i have a little liberty here, a little leeway, i will give you all the time it takes. tell us now
of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised...
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Oct 2, 2012
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let's assume they're true, let's say you can't do everything he wants to do without increasing the deficit and without increasing taxes on the middle class. what i think we will see is because i don't think there's a good answer to this conundrum he's in mathematically, he will kind of confuse the issue. he will talk in specifics that don't necessarily make sense. so as a political strategy, you want to sound specific and say, here, i'm talking about some detailed numbers, and people say that sounds like a pretty detailed plan, he's thought it through. martin, based on what i heard there, there's not an answer to the mathematical possibility of his plan working. the last thing i think he will do is just attack the study, attack the president's premise. >> of course. >> there's no fact checker on stage. you say that study has all kinds of problems. i think it's a pretty good study but i think that's how he will get out of it. >> dana, isn't there is problem that mr. romney's economic adviser has already suggested that if he cannot make the 20% tax cut payable by using deductions, well, then
let's assume they're true, let's say you can't do everything he wants to do without increasing the deficit and without increasing taxes on the middle class. what i think we will see is because i don't think there's a good answer to this conundrum he's in mathematically, he will kind of confuse the issue. he will talk in specifics that don't necessarily make sense. so as a political strategy, you want to sound specific and say, here, i'm talking about some detailed numbers, and people say that...
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Oct 3, 2012
10/12
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>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here on fox news. >> we cannot afford four more years like the last four years we have seen under this president. his own vice president said the middle class has been buried under his policies. what we need is governor romney could come in and deliver a real recovery for the american people. >>shepard: romney campaign trying to capitalize on the remarks about the struggling of the middle class, a theme to be repeated, likely, over and over tonight. now, carl cameron live at the debate spin room. how will the governor romney hammer those comments of the vice president? >>carl: depends how the d
>>reporter: president obama said he would cut the deficit in half this four years. that has not happened. he is vulnerable on a lot of the key issues. that will be a big part of this face off tonight. >>shepard: thank you, ed henry. as governor romney finishes the debate preparations in the city they are hitting his opponent over the comments from vice president biden. the romney camp calling the remarks about the middle class a stunning admission much he is a spokesman early here...
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Oct 3, 2012
10/12
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will show up and demand romney start providing details about, you want to cut taxes for everybody, deficit neutral, you say you'll deal with deductions and loopholes so let's talk about which deductions and loopholes. it's standard for the opponent to do that. is jim lehrer going to be there demanding and pressing for specific answers from romney that romney has refused to give in this campaign for obvious reasons because they would be politically poisonous if he gets into them. >> will jim lehrer hope the other guy will do it or will he see it as his primary responsibility as moderator because it's a free format. once you get two minutes each of these guys, it's up to somebody to say, okay, do it now, here's your time. i'll give you all the time you want. tell me how you're going to cut taxes. >> i think jim lehrer will press on this. i think he'll say what loopholes are you going to close? what tax benefits are you going to take away in? what cuts are you going to make in thing like pell grants. i don't know exactly how he will do it but i think he'll press on that. he prides himself on
will show up and demand romney start providing details about, you want to cut taxes for everybody, deficit neutral, you say you'll deal with deductions and loopholes so let's talk about which deductions and loopholes. it's standard for the opponent to do that. is jim lehrer going to be there demanding and pressing for specific answers from romney that romney has refused to give in this campaign for obvious reasons because they would be politically poisonous if he gets into them. >> will...
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Oct 3, 2012
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>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that will help the middle class. mitt romney's recent remarks about the 47%, he doesn't represent them. they're not going to vote for him. those are the people who have been hurt by this economy and they're the people frankly that president obama and the democrats in congress have been trying to work to help as we begin to come out of this recession. certainly tax cuts for the top 1% of americans are not going to help middle class voters. >> one thing i want to get your take on, looking specifically at your own state, colorado, our latest poll showing president obama with a five-point lead over mitt romney. 5 50-45%
>> i want to get your reaction to the new finding that shows mitt romney leads on dealing with the deficit, the economy, while the president leads on a host of issues while looking out for the middle class. do you think joe biden's remarks about the middle class being buried will make the president's job harder tonight? >> the middle class has really suffered as a result of this economic downturn and frankly, president obama knows that. and he has been working to enact policies that...
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Sep 29, 2012
09/12
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why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these folks, you have household income growth for people at the high end. what does that mean? one thing it means is that if you look at snap enrollment, people talk about how increase in three years. it increased since 2000. medicaid. when bill clinton gave his talk at the democratic national convention he was incredibly shrewd because he did not talk about medicare. why did he not talk about medicare? medicare is not the real difference in terms of numbers between these two campaigns. it really is medicaid. when you look at medicaid and who benefits from medicaid, it is a lot
why is romney talking about deficits, given that we have unemployment crisis? they looked at states that they thought of as a target, new hampshire. this is an issue that resonates with swing voters. i think that is one thing to keep in mind. you have these strands that cannot always cohere in a way that works for you if you are candid. that is one thing to keep in mind. it is interesting to think about -- and again when you have the stagnation for much of the country including a lot of these...
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Oct 3, 2012
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he's not going to have to overcome 8, 9 point deficits to try to get into it. he needs to go out there and communicate in a clear way where he wants to lead the country. what is the alternative vision that he has vis-a-vis the president and he's been unable to communicate that over the entirety of the election. tonight is one of his last chances to start doing it. >> let me give you another scenario and that is that the president has a good night tonight. he gets it up to 51, as you say, and the other guy is going down and very few opportunities left. that would be a bad night for mr. romney. thank you, howard fineman, and steve schmidt. >>> coming up, how will we know who wins tonight's debate? it's not like there is an official scorecard but experts will look at everything. we'll give you an idea of how to look at this thing realtime. >>> and also caught on tape, yesterday "the huffington post" reported paul ryan saying 30% of americans wanted a welfare state and jumped on joe biden as well saying that the middle class has been buried. the running mates are c
he's not going to have to overcome 8, 9 point deficits to try to get into it. he needs to go out there and communicate in a clear way where he wants to lead the country. what is the alternative vision that he has vis-a-vis the president and he's been unable to communicate that over the entirety of the election. tonight is one of his last chances to start doing it. >> let me give you another scenario and that is that the president has a good night tonight. he gets it up to 51, as you say,...
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. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most important 45 minutes of the campaign, all about the economy. i've known jim lehrer for a long time. he won't be constricted by the -- he could well go into libya and what's been happening in the second part of the debate. >> not just the first 45 minutes are important, after the debate, our job, the fact checking, reality checking, wolf, a little bit on that. >> we certainly do, anderson. a very impressive reality check team to determine if the candidates are telling us the truth tonight. john berman is one of the team's leaders, joining us now. john, you have been fact checking candidates' recent claims on the cam
. >> i think the leadership question tonight, if it's -- on domestic policy, is going to be the deficit issue, the fiscal management of the country, and in talking to romney advisers, that's sort of the key thing they are going to point out in terms of leadership, talk about commander in chief at the next debate. but this debate is about fiscal management and who is going to be better for me in the next four years. >> very quickly, david. >> first 45 minutes of this, the most...
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Sep 26, 2012
09/12
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we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next ten years. kuster: with $1 trillion in new tax breaks. >> moderator: i want to move to our final segment. that is all the time we have. we will return for a few final questions. each of you will have one minute. if there is a follow-up question, 30 seconds and for the first round -- that last round. >> do you think any changes in federal immigration laws are needed to benefit the business community? kuster: what i have heard in terms of immigration are high end technical employees that they would like to bring to new hampshire as well as in the agricultural sector there is an i
we need to take the deficit seriously, bring the deficit down so companies can grow. bass: the politics of envy is a sad chapter in politics and i would only suggest as i have said earlier and earlier, bring it to the table. if president obama and ann kuster's idea of reducing the deficit and raising taxes on corporations and individuals with incomes of $200,000 a year bring them to the table. i will consider it. show me where you will find the $4 trillion to get the budget balanced in the next...
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Sep 26, 2012
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we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this round. we begin with you. >> do you think any changes are needed to benefit new hampshire's business community? >> what i have heard about mostly from the business community in terms of integration are the high-end technical employees that they would like to be able to talk about going to new hampshire. as well as, on the art or cultural sector, another is an issue about bringing in part-time work on the road in hopkinton, and i know we need to bring people in. but in general, i have not heard any immigration issues in new hampshire. i thi
we take the deficit seriously. we need to bring the deficit down so that companies can grow. >> again, i think that the whole politics and envy is a sad chapter in politics and i would only suggest that i would bring to the table. the president obama and ann mclane kuster idea -- the individuals with incomes of more than $200,000 per year, bringing to the table. i'll consider it. show me where he will cut that? >> okay, thank you so much for that. we will have 30 seconds for this...
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Sep 30, 2012
09/12
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joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says romney has the edge to betting about two dozen times during the republican primary >>> in the both have ample experience debating but gov. romney has more practice recently >>> she runs the annenberg center at university of pennsylvania >>> in the challenger has the opportunity to challenge she is competent to stand his own against the president a challenger who accomplishes that wins the first debate >>> jamison says hope candidates called for a big moment that candidates remember like john mccain said bonn from a plumber that question president obama >>> john mccain alluded to joe the plumber and that barack obama wo
joe biden campaigned in florida where he argued the obama administration inherited a trillion dollar deficit from the bush administration >>> that the two wars on a credit card without paying a penny >>> president obama and mitt romney tucker downed cramming for next week's debate showdown both sides work hard to lower expectations by praising their opponent. romney says the president has the advantage is one of the talented political communicators in modern history obama says...
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Oct 3, 2012
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deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when president obama took office. we should measure our compassion by how many of our fellow americans are able to get good-paying jobs, not by how many are on welfare. >> so, how does that answer the statement he made at that fund-raiser? >> tamron, it is an attempt. in fact, his second tv ad we have seen, an earlier one was a minute tv ad this is a short 3er 0-second one, trying to do everything they can to try to repair the damage. you have played it obama ad flag battleground states across the country where they are hitting a
deficit now. we are seeing some tight thing in the race the totality of the entire poll, whether it is that 47% comment or what people have actually seen and heard about mitt romney the past two weeks was a pretty negative outlook. >> as i understand it and you've noted i believe in first read today this new romney ad, i want to play tax direct answer perhaps to those people in the public concerned about that comment. let me play it. >> more americans live in poverty than when...
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Oct 3, 2012
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in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's coverage. i'm larry kudlow. thanks for watching. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. which can withstand over three and a half tons. and every day since, two years ago, the people of bp made a commitment to the gulf. we've worked hard to keep it. bp has paid over twenty-three billion dollars to help people and businesses who were affected, and to cover cleanup costs. today, the beaches and gulf are open for every
in half and we've had four years of trillion dollar budget deficits. these are promises and he's got to be held accountable for that. >> i hope mitt romney is listening to this and takes your advice. a debate of 90 minutes is a precious commodity and i'm saying that from romney's perspective, there are other issues that have a much better chance to move him forward than talking about solyndra. >> i got to leave it there, gentlemen. i know, did -- please stay with cnbc for tonight's...
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Oct 3, 2012
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it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you? >> that's the problem. if he starts getting specific like that, what the right wants to hear is not what 80% of the country wants to hear. that's the fundamental problem he has. >> the bar is pretty low for mr. romney. how does he get through the 90 minutes without any further problems? very quickly. >> i've been a big fan of the fact that mitt romney is the gift that keeps on giving. listen, if mitt romney doesn't produce a verbal or a physical gaffe tonight, then by and large, i think the republicans will probably say that he won. but, i think that
it's going to be deficit neutral. you say you're going to close loopholes, deal with deductions, so let's talk about those deductions. you know, home mortgage deduction, charitable giving deduction, health care deduction. are you willing to tell the middle class -- >> tax deduction. >> are you willing to tell the middle class some of these are off the table? if you are, how do you pay for it? >> he's not going to. he has bucket, 17 grand. is that not good enough for you?...
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Oct 2, 2012
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i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire. and i've seen enough other polls to tell you that is a piece of garbage. this race in new hampshire will be won by mitt romney by two to three points. i'm willing to say that publically and stick by it and i know that it that poll of 15 points is absolutely invalid. >> every sort of professional poll i have seen of campaigns, though, all seem to have barack obama ahead and the big issue in new hampshire has been the gender gap with moderate women who may be the republicans fiscally but uncomfortable on social issues. you have had to navigate that before. that's always an issu
i'm sure you didn't miss it. 15-point deficit for mitt romney. i'm guessing you'll argue with some parts. >> i'm not going to argue with it at all. do you really believe it's right? let me test your political wisdom. do you think it's possible for that to be right? you know it's a piece of garb e garbage? >> this is a good pollster, but you can argue that it's not 15%. do you believe mitt romney is behind in new hampshire? >> no, i believe it's head to head in new hampshire....
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Sep 26, 2012
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deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a transportation expert and i don't think these guys are either. actually i graduated from school as a civil engineer, but they work five years as a civil engineer, but lately i've computers. but why should a bureaucrat decide, you know, what mode of transportation is best, whether we have rail or highway is? it got us in trouble in the beginning. we built all these highways. we overdo it on the highways. now we have pollution and gas consumption because some bureaucrat decided that we needed highways. while now were tr
deficit. if they want to pay, that's the problem. misery needs to make the tough decisions. should they be put in the mix of whether we've reduced 70 or high-speed rail? is probably in the mix, but i don't think is before us now. i want to see what the load factors to be. that's my world. i want to see supply and demand. if the demand there? will supply. if not, we're not in a position to build it and they will come. we are just not there. >> jim higgins. >> okay, well i am not a...
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Sep 25, 2012
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. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do that. >> great homes. >> maybe we can build a bunch of homes with elevators -- >> mcmansions. let me ask you, bobby shrum, what would you -- i'd ask him what government agencies or departments -- you say you're going to make it smaller -- would you get rid of? >> that's tough. he's there and got a pretty honed answer that appeals at a kind of general level to people's anti-government impulse but we know when you look at the polls that if you ask them about medicare, the department of education, social security, environmental protection -- >> energy. >> there's huge support for all of these. i suspect that
. >> making government smaller, don't build these massive deficits that pass debt onto our kids. rebuild the foundation of america's strength with great homes, great schools, with entrepreneurship and innovation. >> there's no bigger purpose right now than making sure that if people work hard in this country, they can get ahead. that's the central american idea. that's how we sent a man to the moon, because there was an economy that worked for everybody and that allowed us to do...
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Oct 3, 2012
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[laughter] they think that somehow you can lower our deficits by spending another $5 trillion on a new tax breaks for the wealthy. but no matter how many times and they try to recruit their campaign and explain it, they cannot. they can't explain how you spend $5 trillion on tax cuts for the wealthy without raising taxes on middle-class families. how do you spend it $2 trillion on a new military spending that our military has not asked for and cut our deficits? you cannot do it. the math does not add up. >> president obama at his last campaign stop before tonight's debate. now, mitt romney speaking to reporters on monday. >> now, you know that you are going to get visitors this week. we are going to have a debate. there's a lot of interest surrounding the debate. people want to know who is going to win, who is going to score the punches and who is going to make the biggest difference in the arguments they make, and there is going to be all this scoring of winning and losing. in my view, it is not so much winning and losing or even the people themselves. it is about something bigger tha
[laughter] they think that somehow you can lower our deficits by spending another $5 trillion on a new tax breaks for the wealthy. but no matter how many times and they try to recruit their campaign and explain it, they cannot. they can't explain how you spend $5 trillion on tax cuts for the wealthy without raising taxes on middle-class families. how do you spend it $2 trillion on a new military spending that our military has not asked for and cut our deficits? you cannot do it. the math does...
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Sep 29, 2012
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it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a trillion dollars. how can that the right? the average income of those folks is $8.4 million the year. they do not need a tax cut. that what? middle-class families need a handout. they need a bit of help. [cheers and applause] a voted against extending the middle class tax cuts permanently. the voted against it. why? because they were holding it hostage to make sure they could continue the tax cuts i just mentioned. it almost sounds unbelievable. on top of the, how romney has another tax cut, costing the economy $1.70 trillion. g
it all adds to the deficit. they have got to go out there this is all on the surface of tax cuts for the super wealthy. where i come from, we have one of the highest per-capita incomes in the nation. what i found out is wealthy people are just as patriotic as poor folks. they are just as decent and just as good. they are not asking for these tax cuts. that me give you an example. by extending the bush tax cuts for the wealthy, $500 billion goes to 120,000 families. $500 billion. a half a...
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Sep 30, 2012
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. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the biggest deficit in american history? >> it wasn't the biggest and he didn't inherit it. world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830
. >> i inherited the biggest deficit in our history. over the last four years, the deficit has gone up but 90% is a consequence of two wars that weren't paid for, as consequence of tax cuts that weren't paid for. a prescription drug plan that wasn't paid for and worst economic crisis since the great depression. that accounts for 10% for the increase in the deficit. >> we asked editor james free man to run the numbers. so let's take these one by one. did president obama inherit the...
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Oct 2, 2012
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number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about the days before express lane. thank you, insurance for the modern world. esurance. now backed by allstate. click or call. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you di
number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car...
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Sep 30, 2012
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world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion spending. >> february 2009 that president obama doesn't want to take any credit for but it passed six months. >> he signed it into law. the stimulus was huge. he signed a spending bill shortly before in the spring of 2009. but even in the beginning of 2009 where he wants to throw it on all on president bush. this is when president obama was in senate. he voted for tarp. he had voted for the budget resolution that year. so he really has a hand in all of this spending. saw in that graph the big spike was in that year. >> let's take a look at spending numbers. spending tra
world war ii had bigger deficits. he didn't really inherit it. he helped create it. 2009 was the first year in office and especially something he doesn't seem to want to remember, stimulus $8000 billion. >> paul: as a share of the economy it was 3.2%. it did balloon to 10.1% in 2009. i would give president bush some credit for that because in fact the recession had started. the recession for his first six months of his term. what you are saying there is a thing called $830 billion...
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we have gone from the biggest deficits to the biggest surpluses. we have gone from a triple-dip recession during the previous 12 years to a tripling of the stock market. instead of a high unemployment, we have the lowest african- american and latin american unemployment rates in history and 22 million new jobs. it's not good enough. too many people have been left behind. we have got to do much more. the key is job training, education, investments in health care and education, environment, retirement security. and incidentally, we have got to preserve social security. i'm totally opposed to diverting one out of every six dollars out of the social security trust fund, as the governor has proposed, into the stock market. i want new incentives for savings and investment for the young couples who are working hard so they can save and invest on their own on top of social security, not at the expense of social security, as the governor proposes. >> two points. one, a lot of folks are still waiting for that 1992 middle- class tax cut. i remember the vice p
we have gone from the biggest deficits to the biggest surpluses. we have gone from a triple-dip recession during the previous 12 years to a tripling of the stock market. instead of a high unemployment, we have the lowest african- american and latin american unemployment rates in history and 22 million new jobs. it's not good enough. too many people have been left behind. we have got to do much more. the key is job training, education, investments in health care and education, environment,...
SFGTV2: San Francisco Government Television
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Sep 29, 2012
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our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was excess. because the money flows in in a regular amounts, when money is good, everybody feels good. when $14 billion came in, they thought they were king of the mountain and spend it. arnold came in to clean it up. a couple years later, he left town and $26 billion this year. this has been the nature for the last decade, kicking the can down the road. not talking straight. the way it is. the way it is, it is a tale of two cities. there is fabulous wealth and link electronics, inc. model number: pdr-885 software version: 3.0c in some places it would be food or shelter or lov
our budget, we have a mess, i inherited a budget deficit of $26 billion. we have cut that substantially. from the mortgage meltdown that occurred because of the bad decisions and this behavior throughout our economy, the revenue in california is up 23%. that is a big number. america, the asset values were destroyed, something like $7 trillion. a lot of that was a bubble. that was popped and resulted -- we have had to manage a difficult situation. even before the bubble popping, there was...
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Oct 3, 2012
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it explode the deficit. and it contributed to the economic problems we see today. look at the tax policy under president clinton which is very close to what the president obama is talking about going back to. we had a surplus. we had job growth. you won't get me saying anything about the bush administration's economic policies were anything but a disaster. joining me now sean spicer, the communications director for the republican national committee. i know your side believes vice president bind got it just right because romney is selling t-shirts praising joe biden's honesty. >> i think we are starting this deof --starting this debate wita little honesty. we are seeing a huge amount of debt piles on it was four years ago this president dazzled us in debate saying he understood the problems this country faced. he knew the magnitude of the issues the country had to get through. but he had the right solution. here we are four years later and he still hasn't accomplished any of what he set out to do. that will be the biggest hurdle he has to overcome tonight looking ba
it explode the deficit. and it contributed to the economic problems we see today. look at the tax policy under president clinton which is very close to what the president obama is talking about going back to. we had a surplus. we had job growth. you won't get me saying anything about the bush administration's economic policies were anything but a disaster. joining me now sean spicer, the communications director for the republican national committee. i know your side believes vice president bind...
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how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from five points last month. let me show you one more graphic. you're going to see florida numbers. similar story there. now a one-point lead for obama. down from four points in september. could, candy, could this debate tonight really, you know, represent romney's best chance to catch fire? >> certainly. and i don't think it's his best chance. i think it's the beginning of his best chance, if that makes sense. i don't think we've seen -- we have seen times when debates have changed things. but there still is a lot of time and two more debates for these guys plus a v
how specifically will you bring down the deficit? there's certainly a lot of room to put some and a lot of imptous for them to put some meat on the bones. >> okay. as we look for the meat, let's talk about something we've talked about that before that being swing states. romney has really whittled the president's lead to two percentage points. these are virginia numbers now. this is a poll released by "the wall street journal" nbc news, so a two-point lead for obama down from...
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Sep 26, 2012
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who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i was making the distinction about not just the economy, but deficit and debt. so, i appreciate your desire to have your nominee really focus on playing to the base in the religious right. that is your prerogative, but you can't rewrite polls to say that's a winning strategy when it comes to reaching out. >> what i'm saying to you is that i think the hunt for these elusive independent or undecided voters out there is going to be a losing strategy. it was in 2008 for john mccain. i think it will be this time. i'm not saying he has to make these social issues the heart of
who's better equipped to deal with the deficit and debt. the more they play to the religious right on social issues, the more they risk alienating these centrist voters. >> did you disagree? >> absolutely. the latest polls show that people trust obama more now with the economy. this economy issue solely is a losing issue for romney as the economy improves, but also it fails to reck thiz people care about other things other than just the economy. >> pastor jeffers, if i may, i...
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oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a short-term fix? >> all of our investors are self-directed making their own directions, bu but i'm not envisioning a scenario where we will see a drop some of your previous guests have mentioned. if we were to see that, we would have seen it with the vix. ashley: was the biggest trend you're seeing with investors right now? >> i think one of the trend is we are seeing in our world, a secular trend across industry, people keep talking about declining equity volumes and declining since 2008 but what they are missing is the derivatives volume
oddly enough the federal deficit. ashley: it is interesting because a lot of the economic data, durable goods, we did not see a big selloff on the market at all. people not excited about stimulus in china and the budget. >> i would say those are probably shorter-term things. when people think about their investment career, they think on a longer-term and the things that will really affect that, they are not overseas, they are here. ashley: what about the fed and twqe3, is that just a...